On October 21, 2020, Cravath partner Ting S. Chen was featured as one of New York Law Journal’s “Rising Stars” of 2020. The annual feature recognizes New York’s most promising young lawyers who have demonstrated strong leadership qualities, expertise in their practice areas and contributions to pro bono, charitable and professional volunteer work. The feature highlights Ting’s practice in M&A, corporate governance, and activism and takeover defense.
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Deals & Cases
May 23, 2019
On May 22, 2019, Avon Products, Inc. (“Avon”) and Natura Cosméticos S.A. (“Natura”) announced that Natura is acquiring Avon in an all‑share transaction, creating the fourth‑largest pure‑play beauty group in the world with an enterprise value of $11 billion. Cravath is representing Avon in connection with the transaction.
Deals & Cases
November 25, 2019
On November 25, 2019, The Charles Schwab Corporation (“Schwab”) and TD Ameritrade Holding Corporation (“TD Ameritrade”) announced that they have entered into a definitive agreement for Schwab to acquire TD Ameritrade in an all‑stock transaction valued at approximately $26 billion. Cravath is representing the Ricketts family in connection with the transaction.
Deals & Cases
May 08, 2019
On April 16, 2019, Cravath client Qualcomm announced an agreement with Apple to dismiss all litigation between the two companies worldwide, with a settlement that includes a payment from Apple to Qualcomm. The companies also reached a global six‑year license agreement, effective as of April 1, 2019, including a two‑year option to extend, and a multiyear chipset supply agreement.
Deals & Cases
August 26, 2019
On August 26, 2019, Pitney Bowes Inc., a global technology company that provides commerce solutions in the areas of e‑commerce, shipping, mailing, data, and financial services, announced that it has entered into a definitive agreement to sell its Software Solutions business to Syncsort for $700 million in cash. Cravath is representing Pitney Bowes in connection with the transaction.
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